Within six days of SpaceX's June 12 IPO, six U.S. House members or their families purchased between $83,000 and $245,000 in SpaceX shares. Five of these lawmakers serve on committees overseeing sectors related to SpaceX's business, such as defense and AI, raising potential conflict of interest concerns despite no evidence of insider trading. The trades were legal and disclosed, but ethics experts warn these holdings blur lines between lawmakers' duties and financial interests. This comes amid ongoing debates in Congress about restricting stock trading by lawmakers to prevent conflicts.
Investment manager Gary Black warns Tesla investors against betting on a future SpaceX acquisition, citing significant dilution risks for SpaceX shareholders and lack of financial sense in such a deal. He advises focusing on Tesla's core strengths li...
SpaceX has lost over $1.2 trillion in market value since its peak in June, mirroring a decline in Tesla shares. The stock has fallen for 13 of the last 16 sessions, closing at $113.50 on Monday. Despite heavy trading in puts, some large trades indica...
SpaceX stock recently dropped to a new all-time low of about $108.78, down over 33% in the past 30 days from its peak above $225. The decline is linked to upcoming share unlocks on August 4, which will release over 911 million shares for trading, inc...
SpaceX shares dropped to an all-time low of $108.66 due to investor worries about the upcoming expiration of its IPO lock-up period, which will allow early investors to sell up to 911.5 million shares. The stock has lost nearly half its value since i...
SpaceX's stock has fallen over 27% since its IPO debut on June 12, 2026, making it one of the worst-performing major U.S. IPOs in the past decade. After an initial surge to a $2.5 trillion market cap, the stock has dropped about 45-50%, wiping out mo...
